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Technology Stocks : ADSP - Ariel -- Ignore unavailable to you. Want to Upgrade?


To: nihil who wrote (2245)3/9/2000 2:17:00 PM
From: Street Hawk  Respond to of 2263
 
Nov 24, 1999: Robert J Randall PLANNED SALE 50,000 shares
Dec 2, 1999: John Coburn PLANNED SALE 120,000 shares

Hangs like an albatross around their neck on this stock after the pump and dump in November. Insiders are bailing and they flood more cheap shares(~$4) and warrants (exercise at $6.875) for $8.6 mil. This company is VERY desperate. Only a POS company does a secondary for more than a 50% haircut from market prices.

You can view this pop to 14 as a great shorting opp, averaging up here.